4-bed · 3,589 sqftPalma Villa, Arabian Ranches 2 · completed 2016

V069, Palma Villa

Sold prices and rental history: sold twice, last in March 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V069 · DLD and Ejari recordsUpdated 7 March 2022
Last soldAED 3.75M7 March 2022
Current rentAED 170K /yr1 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V069, Palma Villa

What is V069 worth today?

Last sold for AED 3,750,000 in 2022

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7 Mar 2022SoldReady
AED 3,750,000AED 1,044 per sqft
1 Aug 2020RentedRenewal
AED 170,000/yr8 months · AED 47 per sqft
1 Aug 2019RentedNew contract
AED 170,000/yr12 months · AED 47 per sqft
1 May 2019RentedRenewal
AED 190,000/yr3 months · AED 53 per sqft
1 May 2017RentedNew contract
AED 190,000/yr24 months · AED 53 per sqft
3 May 2016Sold by developerReady
AED 3,958,888AED 1,102 per sqft

Source: Dubai Land Department. Updated 7 March 2022.

Key facts

Type
4-bed villa
Size
3,589 sqft
Developer
Emaar
Completed
2016
Service charge
AED 8,800 /yr
Last sold
AED 3.75M · March 2022
Community
Palma Villa

About V069, Palma Villa

V069 is a four-bedroom villa of 3,589 sqft in Palma Villa, a villa community in Arabian Ranches 2 completed in 2016 by Emaar. It last sold on 7 March 2022 for AED 3,750,000, or AED 1,044 per sqft, 4% above the AED 1,003 four-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 1 August 2020, is AED 170,000 a year: a gross yield of 4.5% on the 2022 price, before the service charge of about AED 8,800 a year.

Sales and rents for V069 over time

Sales
Villa V069, each saleTypical four-bed in Palma Villa
4M6M20142017202020232026Typical sale price by year: 2014 AED 4,139,888; 2015 AED 4,136,388; 2016 AED 4,199,888; 2017 AED 4,393,888; 2021 AED 3,600,250; 2022 AED 4,270,000; 2023 AED 4,425,000; 2025 AED 6,850,000Sold by developer, May 2016: AED 3,958,888 (AED 1,102 per sqft)Sold, March 2022: AED 3,750,000 (AED 1,044 per sqft)

V069 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V069, each contractTypical four-bed in Palma Villa
200K300K2016201920222025Typical rent by year: 2016 AED 216,500; 2017 AED 205,000; 2018 AED 175,500; 2019 AED 167,500; 2020 AED 154,213; 2021 AED 162,750; 2022 AED 210,000; 2023 AED 290,000; 2024 AED 300,000; 2025 AED 295,000New contract, May 2017: AED 190,000 a yearRenewal, May 2019: AED 190,000 a yearNew contract, August 2019: AED 170,000 a yearRenewal, August 2020: AED 170,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the community.

4-beds in Palma Villa, and where V069 sits

All 40 4-beds →

V069 last sold in March 2022 at AED 1,044 per sqft, 4% above what four-beds in Palma Villa were fetching at the time (AED 1,003). Over the last 12 months four-beds sold for AED 6,700,000 to 7,000,000, around AED 1,879 per sqft, and rent for AED 230,120 to 345,000 a year. V069's AED 170,000 is at the bottom of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
9 Dec 20257,000,000
28 Nov 20256,700,000
23 Jun 20257,700,000
6 Jan 20255,700,000
2 4-bed sales in the last 12 months

Palma Villa

Community

121 villas, 3-bed to 5-bed in Arabian Ranches 2, completed in 2016 by Emaar. 2 sold in the last 12 months.

Typical price per sqft
AED 1,879
Typical sale
AED 6.85M
Typical rent
AED 310K /yr
Typical yield
4.7%
Palma Villa, Arabian Ranches 2: prices, sales and rents →

V069, Palma Villa in numbers

  • Sold twice: first on 3 May 2016 for AED 3,958,888, last on 7 March 2022 for AED 3,750,000 (AED 1,044 per sqft).
  • Rented since May 2017 on 4 Ejari contracts, from AED 190,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2022 price is 4.5%, before a service charge of about AED 8,800 a year (AED 2.44 per sqft).
  • Four-beds in Palma Villa sold for AED 6,700,000–7,000,000 in the 12 months to November 2026; the community's median across all types is AED 1,879 per sqft.

Source: Dubai Land Department. Updated 7 March 2022.

Questions about V069, Palma Villa

What did villa V069 last sell for?

AED 3,750,000 on 7 March 2022: AED 1,044 per sqft for 3,589 sqft. The villa has 2 registered sales; the first was AED 3,958,888 in May 2016.

What is the rent for villa V069?

AED 170,000 a year on the contract renewed on 1 August 2020. The previous contract, from August 2019, was AED 170,000; the villa has been rented since May 2017.

How big is villa V069?

3,589 sqft (333.4 sqm): a four-bedroom villa in Palma Villa, completed in 2016.

What is villa V069 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Palma Villa sold for AED 6,700,000 to 7,000,000 in the last 12 months, around AED 1,879 per sqft.

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Mortgage on V069, Palma Villa

Starts from the last sale price (AED 3.75M, 7 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,750,000
Deposit, UAE resident (20%)
AED 750,000
Deposit, non-resident (40%)
AED 1,500,000
Monthly over 25 years at 3.7%
AED 15,342

Plus AED 162,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →